3rd Edition

ISBN: 9781323761434

Author: Horngren

Publisher: PEARSON C

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Textbook Question

Chapter 16, Problem 7QC

Mountain Water Corp issued common stock of $28,000 to pay off long-term notes payable of $28,000. In what section(s) would these transactions be recorded?

Learning Objective 2

Financing activities payment of note, $(28,000)
Financing activities cash receipt, $28,000
Non-cash investing and financing activities, $28,000
Both a and b are correct.

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Chapter 16, Problem 6QC

Chapter 16, Problem 8QC

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Chapter 16 Solutions

ACCOUNTING PRINCIPLES V1 6/17 >C<

Ch. 16 - Prob. 1QC Ch. 16 - Prob. 2QC Ch. 16 - Prob. 3QC Ch. 16 - Prob. 4QC Ch. 16 - Prob. 5QC Ch. 16 - The Plant Assets account and Accumulated...Ch. 16 - Mountain Water Corp issued common stock of $28,000...Ch. 16 - Prob. 8QC Ch. 16 - Maxwell Furniture Center had accounts receivable...Ch. 16 - Prob. 10BQC

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